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tagged: best ccj mortgage, Ccj mortgage, ccj mortgages, county court judgement mortgage, find ccj mortgageRepair Your Credit with a CCJ Mortgage
Posted by GuestPoster in Personal Finances
Having a CCJ judgment against you is far from good – they stay for 6 years and will hinder you getting cheap credit in that time. The news is not all bad though – you will be able to get loans from specialized CCJ mortgage lenders who specialize in those with less than perfect credit scores.
The downside of course is that as a proven bad risk with county court judgments against your name, you are going to pay more than most in terms of interest rate. The good news though is that by getting a CCJ mortgage you will start to improve your credit score again – assuming that you keep the payments coming in on time and schedule of course!
CCJ mortgages may be the start of a better credit history for you in the future but treat them with caution
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